Fraser of Allander Institute: Economic Commentary [June 2010]

Fraser of Allander Institute

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    Abstract

    As the Scottish economy emerges from recession a slowly strengthening recovery is threatened by the massive fiscal consolidation package introduced by the new Conservative/Liberal Democrat coalition government in the emergency Budget of 22nd June. We estimate that Scottish GDP growth will be 0.1% lower this year, 0.2% lower in 2011 and 0.1% lower in 2012 as a result of the additional fiscal tightening in the emergency Budget compared to the plans of the previous Labour government
    Original languageEnglish
    Place of PublicationGlasgow
    PublisherUniversity of Strathclyde
    Number of pages63
    Volume34
    Publication statusPublished - 30 Jun 2010

    Publication series

    NameFraser of Allander Institute Economic Commentary
    PublisherUniversity of Strathclyde
    No.1
    Volume34
    ISSN (Electronic)2046-5378

    Keywords

    • labour market trends
    • Scotland
    • Scottish economcs
    • economic forecasting

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